Tuesday Mar 20, 2018

PetroEnergy Information Network

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Iran Crude, Condensate Exports at 2.6m in September

(Saturday, October 7, 2017) 18:03

TEHRAN, Oct. 07 (Shana) -- Iran's average crude oil and gas condensate exports crossed 2.6 million barrels per day in September 2017.

During the month, the country exported 2.250 mbd to Asian and European destinations with China and India being the biggest buyers of Iranian oil by importing over 1 mbd of the item together.

The country also exported 430,000 b/d of condensate to Asian destinations during the month. South Korea was marked as the biggest imported of the item in September.

Furthermore, Persian Gulf Star Refinery and Borzouyeh Petrochemical Plant are the biggest consumers of gas condensate in Iran each with 100,000 b/d of intake.

The two facilities are scheduled to consume all of Iran's condensate output by the end of the 6th five-year development plan to 2022.